1006 SW 8th Ave - Apartments FOR SALE


Gainesville, FL 32601- Innovation District
$1,100,000 USD
1006 SW 8th Ave, Gainesville, FL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/4
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1006 SW 8th Ave
Gainesville, FL 32601
Innovation District


OVERVIEW

This 3 unit two building student housing rental property is in the heart of the best real estate in the county. All three units are 2 bedroom 1 bath and are leased thru July 2026. While the units were originally built in 1939 and 1940, they have been fully remodeled. The roofs are 2018 and 2006. All three units are on one parcel. Parental guarantees in place. These units are always fully occupied every year.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$336 USD /SF

# OF UNITS

2

PRICE/UNIT

$550,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 BEDS - BLOCKS FROM UF!!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

RH2

APN/PARCEL ID

13196-000-000

ASK ABOUT THIS PROPERTY

Beau BeeryBeau Beery Multifamily AdvisorsMore Info

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